Diggin' up money on Dog Day 2008 July 23, 2008, 10:32 am
Working like a dog is nothing new to employees at Atlantic Bay Mortgage Group. And on Friday, June 20, they worked with their dogs – around 20 of them in three different branch offices - in observance of Take Your Dog to Work Day 2008. Nearly $500 in donations to the Virginia Beach SPCA was raised. VBSPCA’s Compassion Classroom speaker Sharon Haring, along with adoptable all-American mix Allistar, presented an adoption awareness program to Atlantic Bay employees (and pooches).
Emily and Chompers
This is the second year Atlantic Bay has participated in the annual event founded by Pet Sitters International ten years ago. The day celebrates the the power of the human-animal bond, while educating the working public on the benefits of responsible pet ownership.
Jason and Zuma
Atlantic Bay Mortgage Group has more than 20 offices throughout Virginia and the Carolinas. With hundreds of mortgage programs available, Atlantic Bay finances millions of mortgage dollars every month for clientele ranging from reverse mortgage borrowers to private banking clients. Strongly tied to all of its local communities, Atlantic Bay is the state sponsor for the MS Walk, a drop-off site for Cell Phones for Soldiers and creator and facilitator of the Angel Tree for the Elderly program. Atlantic Bay Mortgage Group has received the Best Mortgage Company in Virginia Beach award for the past 10 years in a row in the Pilot’s Readers Choice Awards, and the Best Mortgage Company in all the Hampton Roads cities in 2008. In business since 1997, employing more than 175 people and recognized in 2003 as one of Inc. 500’s fastest growing companies, Atlantic Bay Mortgage Group is the largest privately held mortgage company in Virginia.
Atlantic Bay Mortgage Group named Hampton Roads’ Best Mortgage Company May 22, 2008, 2:12 pm
Atlantic Bay Mortgage Group is the best mortgage commpany in all of Hampton Roads, according to readers of the Virginian-Pilot, Hampton Roads’ largest daily newspaper. The announcement of the 2008 Virginian-Pilot Reader’s Choice Award winners on May 18 also shows that Atlantic Bay Mortgage Group earned the Best Of Virginia Beach title for the tenth year in a row. “There is nothing more satisfying than getting support from the communities we serve. Thanks for voting for us!” says Brian Holland, Atlantic Bay Mortgage Group President.
With several offices throughout Hampton Roads, the locally based mortgage banking group also received “Best Of” 2008 gold awards from all the rest of the voting cities: Norfolk, Chesapeake, Portsmouth, Suffolk, Newport News, Hampton and Williamsburg. The Best Of Hampton Roads title is awarded only when a company receives top honors from all eight cities. “Atlantic Bay Mortgage is one of very few that won in ALL cities, so you might not see many of these around town!” says Pilot Account Executive Donald Blankinship of the Best Of Hampton Roads award.
Atlantic Bay Mortgage Group has 18 offices throughout Virginia and the Carolinas. With hundreds of mortgage programs available, AtlanticBay finances millions of mortgage dollars every month for clientele ranging from reverse mortgage borrowers to private banking clients. Strongly tied to all of its local communities, AtlanticBay is the state sponsor for the MS Walk, a drop-off site for Cell Phones for Soldiers and creator and facilitator of the Angel Tree for the Elderly program. In business since 1997, employing more than 200 people and recognized in 2003 as one of Inc. 500’s fastest growing companies, Atlantic Bay Mortgage Group is the largest privately held mortgage company in Virginia. For additional information, please visit atlanticbay.com.
Laura Kesser Joins Atlantic Bay Mortgage Group May 22, 2008, 2:02 pm
Atlantic Bay Mortgage Group announces Laura Kesser has been named Senior Mortgage Banker. Kesser, who has 26 years of local mortgage banking experience, is working out of the Virginia BeachAtlanticBay office at 2540 Va. Beach Blvd. A Norfolk native, Kesser attended Granby High School, and graduated from Old Dominion University with a degree in finance. She resides in Virginia Beach.
Atlantic Bay Mortgage is a mortgage banking group headquartered in Virginia Beach, Virginia with 18 offices in Virginia and the Carolinas. With hundreds of mortgage programs available, AtlanticBay finances millions of mortgage dollars every month for clientele ranging from reverse mortgage borrowers to private banking clients. Strongly tied to all of its local communities, AtlanticBay is the state sponsor for the MS Walk, a drop-off site for Cell Phones for Soldiers and creator and facilitator of the Angel Tree for the Elderly program. In business since 1997, employing more than 200 people and recognized in 2003 as one of Inc. 500’s fastest growing companies, Atlantic Bay Mortgage Group has received the Best Mortgage Company in Virginia Beach award for the past 10 years in a row in the Pilot’s Readers Choice Awards, and the Best Mortgage Company in all the Hampton Roads cities in 2008. For additional information, please visit atlanticbay.com.
Atlantic Bay Mortgage Group hosts its first-ever Blood Drive May 1, 2008, 12:08 pm
Atlantic Bay Mortgage Group hosts its first-ever Blood Drive
By holding its first-ever Blood Drive on April 29, 2008, community-minded Atlantic Bay Mortgage Group has added the American Red Cross to its corporate list of non-profit partners. The Red Cross’ Bloodmobile collected donations at Atlantic Bay’s Virginia Beach offices on Virginia Beach Blvd. and North Great Neck Road. Seventeen pints of blood were donated by Atlantic Bay employees. “We’re looking to hold two blood drives a year,” says Atlantic Bay’s President Brian Holland. “Building better lives for the people in the communities we serve is at the core of our business, so giving ‘the gift of life’ by donating blood is a natural thing for us to do.”
Strongly tied to all of its local communities, Atlantic Bay is the state sponsor for the MS Walk, a drop-off site for Cell Phones for Soldiers and creator and facilitator of the Angel Tree for the Elderly program. In business since 1997, employing more than 200 people and recognized in 2003 as one of Inc. 500’s fastest growing companies, Atlantic Bay Mortgage Group has received the Best Mortgage Company in Virginia Beach award for the past 9 years in a row in the Pilot’s Readers Choice Awards, as well as Best Mortgage Company in most of the other Hampton Roads cities. The mortgage banking group is headquartered in Virginia Beach, Virginia, with 15 offices in Virginia and the Carolinas. Atlantic Bay finances millions of mortgage dollars every month for clientele ranging from reverse mortgage borrowers to private banking clients.
During the Bloodmobile’s first stop of the day, Mortgage Banker Robby Dobrinsky joins other Atlantic Bay Mortgage Group employees to donate blood at the company’s Va. Beach Blvd. office.
Cell Phones for Soldiers February 12, 2008, 2:16 pm
ATLANTIC BAY MORTGAGE GROUP AND CELL PHONES FOR SOLDIERS KICK OFF COLLECTION DRIVE IN CHESAPEAKE , NEWPORT NEWS
Chesapeake, Va., February 2008 – Atlantic Bay Mortgage Group and Cell Phones for Soldiers are calling on all Americans to donate cell phones and accessories to benefit our armed forces overseas. Cell Phones for Soldiers will turn the donations into prepaid calling cards for U.S. troops stationed overseas to use, keepingthem connected with their families back home.
Local residents can support the collection drive by donating cell phones of any make, model and condition (as well as accessories, chargers, batteries, PDAs and pagers) at any Atlantic Bay Mortgage Group location Monday thru Friday 9 a.m.-5 p.m., including:
-118 Great Bridge Blvd., Chesapeake, VA23320
-2540 Virginia Beach Blvd., Virginia Beach, VA23452
-11715 Jefferson Ave., Newport News, VA23606
“Since June 2006, we’ve collected 570 cell phones from mostly folks in Virginia Beach,” says Gary Hudgins, Marketing Director of Atlantic Bay Mortgage Group. In 2007, he says, AtlanticBay sent six big boxes of cell phone donations in -- about 250 pounds worth of cell phone equipment. But the Virginia Beach-based company wants to increase the donations by making it easier for more of Hampton Roads to get involved, through their offices in Newport News and Chesapeake. “It’s not hard to imagine how much it means to a soldier overseas to be able to call his family back home,” Hudgins adds. “If you’ve got old cell phone stuff in your junk drawer, please bring it to us.”
Cell Phones for Soldiers was founded by teenagers Robbie and Brittany Bergquist from Norwell, Mass., with $21 of their own money. Since then, the registered 501c3 non-profit organization has raised almost $1 million in donations and distributed more than 500,000 prepaid calling cards to soldiers serving overseas. Through increased fundraising efforts, the Bergquists hope to raise more than $9 million in the next five years to fund new programs, such as providing video phones and prepaid service to allow soldiers abroad to see their families on a regular basis.
The phones are sent to ReCellular, Inc., the world's largest recycler and reseller of used cellular phones and accessories. ReCellular pays Cell Phones for Soldiers for each donated phone – enough to provide an hour of talk time to soldiers abroad. Approximately half of the phones ReCellular processes are reconditioned and resold to wholesale companies in over 40 countries around the world. Phones and components that cannot be refurbished are dismantled and recycled to reclaim materials, including:
•Gold, silver and platinum from circuit boards
•Copper wiring from phone chargers
•Nickel, iron, cadmium and lead from battery packs
•Plastic from phone cases and accessories
For additional information visit www.cellphonesforsoldiers.com.
Atlantic Bay Mortgage Group hires two new mortgage bankers February 12, 2008, 2:11 pm
Atlantic Bay Mortgage Group hires two new mortgage bankers
Bruce Farrell has been named Vice President/Mortgage Banker at Atlantic Bay Mortgage Group. Farrell has been originating loans in the Hampton Roads area for over 25 years, specializing in working with Financial Planners and their clients. He lives in Virginia Beach with his wife and three children.
Beth Newman recently joined Atlantic Bay Mortgage Group as Senior Mortgage Banker. Newman, a native of Virginia Beach, has been working in the mortgage banking profession as a loan originator for the past 13 years of her 30 years in the mortgage business. She currently resides in Virginia Beach with her husband and 2 daughters.
Borrowers Get Year-End Gift from Fed December 11, 2007, 3:18 pm
The Federal Reserve lowered interest rates today for the third straight meeting of the FOMC. What does this mean? Well, if you're looking to capture the best home loan rates, you need to act now. For those with an application already in process, you should probably lock your rate as soon as possible. And, for anyone who has yet to begin a loan application, what are you waiting for?
Rate Hikes on the Horizon
Despite this latest cut from the Fed, rates for many borrowers could actually increase soon. Why? Because Fannie Mae and Freddie Mac have recently announced 2008 Loan Level Price Adjustments (LLPAs) that are already starting to show up on lenders' rate sheets. LLPAs are automatic “penalties” based on credit scores, which tack on costs in the form of points or higher rates for most anyone with a FICO less than 720. Call me, and I will give you all the details.
Back to The Fed
But, let's get back to the good news. The Fed cut the Federal Funds Rate, an overnight lending rate that banks charge each other and which influences the amount of interest consumers pay for various types of debt, such as credit cards, home equity lines of credit, and auto loans.
Since September 18th, the Federal Funds Rate has gone down 100 basis points. If you have a loan that is tied to the Prime Rate, this means your rates have been lowered a full point. But, for those seeking to obtain new financing, you must act now to take advantage.
No Time to Wait
Following each of the last two interest rate cuts by the Fed, home loan rates jumped higher a couple of weeks later. Remember, lower short-term rates are inflationary by nature, and cause consumers to spend more money. Because of this, long-term rates tend to increase as bond holders hate inflation and command higher rates as a result in order to protect their investments.
Because of these pressures and the upcoming Loan Level Price Adjustments, interest rates are going to rise. You need to call me now in order to secure the best deal you may see for some time.
You'll be glad that you did.
We appreciate your business and wish you a happy and healthy holiday season!
Atlantic Bay Mortgage Group hires three new corporate employees November 29, 2007, 12:12 pm
Jason Harris has been named Controller for Atlantic Bay Mortgage Group. Harris, a native of Virginia Beach, previously held the position of Director of Financial Reporting at Alternative Behavioral Services Inc. He is a licensed CPA, holds a BSBA from Old Dominion University and is a member of the AICPA and VSCPA.
Gary Hudgins has been named Marketing Director for Atlantic Bay Mortgage Group. Hudgins, a Norfolk native, has held various marketing and advertising positions in the Hampton Roads market since the 1980s, most recently with the Daily Press in Newport News and Cox Communications Hampton Roads. A writer, musician and painter, he is an Old Dominion University graduate holding a BA in English.
Emily Pham has been named Business Development Manager Atlantic Bay Mortgage Group. Pham grew up in Southwest Virginia, and has lived here for six years. For the last 5 years she has worked in marketing and sales for local mortgage loan officers. A graduate of Virginia Tech in Marketing and Management, she lives in Virginia Beach with her husband and dog.
Atlantic Bay Mortgage is a mortgage banking group headquartered in Virginia Beach, Virginia with 15 offices in Virginia and the Carolinas. With hundreds of mortgage programs available, Atlantic Bay finances millions of mortgage dollars every month for clientele ranging from reverse mortgage borrowers to private banking clients. Strongly tied to all of its local communities, Atlantic Bay is the state sponsor for the MS Walk, a drop-off site for Cell Phones for Soldiers and creator and facilitator of the Angel Tree for the Elderly program. In business since 1997, employing more than 200 people and recognized in 2003 as one of Inc. 500’s fastest growing companies, Atlantic Bay Mortgage Group has received the Best Mortgage Company in Virginia Beach award for the past 9 years in a row in the Pilot’s Readers Choice Awards. For additional information, please visit atlanticbay.com.
Angel Tree for the Elderly 2007 November 20, 2007, 3:16 pm
Atlantic Bay Mortgage Group presents its 6th Annual “Angel Tree for the Elderly” program
Get an early jump on the joy of giving with Atlantic Bay Mortgage Group’s sixth annual Angel Tree for the Elderly program!
To participate, come by your local Atlantic Bay office Nov. 19-Dec. 7, weekdays 8:30 a.m. to 5:30 p.m. Pull a numbered paper Angel ornament from the Angel Tree. There’s a wish list of four inexpensive items on the ornament that belongs a local elderly person who doesn’t have family close by, or at all. Sign it out at the front desk. Purchase one or more of the gifts on the wish list and return the gifts to the Atlantic Bay office, with the numbered angel ornament attached. All gifts must be received by Friday, December 14.
Atlantic Bay is pleased to provide generous community members the opportunity to fulfill the wishes of these elderly individuals, many of whom often get overlooked during the holidays. The program enjoyed a very enthusiastic response from the community last year, but will need an even greater turn-out this year to ensure every “Angel” receives a gift.
Participating Atlantic Bay Mortgage Group offices include:
2540 Virginia Beach Blvd., Virginia Beach, VA 23452
118 Great Bridge Blvd., Chesapeake, VA 23320
11715 Jefferson Ave. Newport News, VA 23606
1615 E. Main St., Salem, VA 24153
3959 Electric Road, Suite 310, Roanoke, VA 24018
12925 Booker T. Washington Highway, Suite 200, Hardy, VA 24101
1001 West Main St., Radford, VA 24141
701 E. Main St., Suite A, Wytheville, VA 24382
825 Gum Branch Road, Suite 124, Jacksonville, NC 28540
Atlantic Bay Mortgage is a mortgage banking group headquartered in Virginia Beach, Virginia with 15 offices in Virginia and the Carolinas. With hundreds of mortgage programs available, Atlantic Bay finances millions of mortgage dollars every month for clientele ranging from reverse mortgage borrowers to private banking clients. Strongly tied to all of its local communities, Atlantic Bay is the state sponsor for the MS Walk, a drop-off site for Cell Phones for Soldiers and creator and facilitator of the Angel Tree for the Elderly program. In business since 1997, employing more than 200 people and recognized in 2003 as one of Inc. 500’s fastest growing companies, Atlantic Bay Mortgage Group has received the Best Mortgage Company in Virginia Beach award for the past 9 years in a row in the Pilot’s Readers Choice Awards. For additional information, please visit atlanticbay.com.
Today the Fed announced its second consecutive decrease in rates, cutting another 0.25% from the Fed Funds Rate. This change could directly impact millions of American borrowers.
Are you one of them?
Adjustable Rate MortgagesIf you currently have an ARM that is scheduled to reset in the next 14 months, then today's news is good for you. Now is the time to investigate your options. Even if you have a pre-payment penalty or you're behind in your payments, don't delay. There may still be options available to get you out of your ARM and into a mortgage you can afford, including FHA or the new FHASecure program introduced by the President.Important: The FOMC does not meet in November, so ask yourself this: Can you really afford to roll the dice until its next meeting in mid-December?
Buying at the Bottom of the Market
If you're looking to invest in real estate in the next six to twelve months, and recent rate cuts have inspired you to start taking action, now is the time to prepare yourself for intense credit scrutiny. There are a lot of great real estate deals to be had today. But if your credit doesn't stand up in today's tight-fisted credit environment, then you could easily miss out on an exceptional opportunity.What's the point of taking advantage of discounted home prices if you can't qualify for the right mortgage or interest rate that makes it all worthwhile? Get pre-approved now and know exactly what you can afford. And with the right REALTOR® on your side, you can have incredible negotiating power in a buyers' market!
Refinancing – Know Your Options
While rate cuts often spark ideas of refinancing, this may not be the best choice for everyone. In some cases – especially in a market where home values are declining – refinancing may be impossible or disadvantageous. Call me today for a free mortgage review. Based on your individual goals and financial needs, we can explore every available option for you and your family.
We look forward to hearing from you soon.
Atlantic Bay Mortgage Group looking to recruit 50 new employees September 19, 2007, 4:04 pm
Date: Sept 19, 2007
Virginia Beach, Va. – Contrary to current news of mortgage company layoffs and closings, Atlantic Bay Mortgage Group LLC announces its plan to boost its staff by 50 new mortgage industry professionals. The prominent mortgage banker needs additional operations staff for its corporate office in Virginia Beach, and additional mortgage bankers for its 14 branch offices throughout Virginia and the Carolinas. “Mostly we’re looking for additional mortgage bankers,” says Director of Human Resources Stacey Wanish “but we also need more underwriters, processors and closers, among others.”
Founded in 1996 by President Brian Holland, Atlantic Bay Mortgage Group LLC has enjoyed rapid growth, with 14 offices currently in Virginia and the Carolinas. In 2003, INC. 500 named Atlantic Bay Mortgage as one of the fastest-growing companies in the USA (#343). The Virginian-Pilot’s Readers Choice Awards has recognized the company as Best of Virginia Beach in the mortgage company category each year since 1999, and the best in Chesapeake for the last two years. The company has also been named among Virginia’s Fantastic 50.
New mortgage banker joins Atlantic Bay Mortgage in Myrtle Beach, SC September 19, 2007, 9:52 am
Myrtle Beach, S.C. – Atlantic Bay Mortgage Group announces the addition of a new Mortgage Banker, Louis Pruitt, to the Myrtle Beach office. Pruitt, an outdoorsman who loves surfing and golf, served in the US Coast Guard and has a degree in Finance from Coastal Carolina University. He looks forward to becoming a successful and respected member of the ABMG team along the Grand Strand.
New Chesapeake mortgage office and real estate office announce Grand Opening August 20, 2007, 2:40 pm
Chesapeake, Va. – Atlantic Bay Mortgage Group LLC and Portfolio Real Estate invite the public to the Grand Opening of their new office Saturday, July 21. Meet and greet the neighborhood’s real estate professionals while enjoying hot dogs, hamburgers, drinks, cotton candy, popcorn, coloring books and balloons. The event will be held from 11:30 a.m. to 4:30 p.m. at 118 Great Bridge Blvd.
ABMG mortgage bankers offer a variety of conforming and non-conforming loan products to the public, including FHA and VA loans, fixed and adjustable rate loans, reverse mortgages, home equity loans and lines of credit, Lite Doc and No Doc loans, interest only loans, high loan-to-value loans, investment loans and many more. They welcome walk-in customers from 9 a.m. to 5 p.m. weekdays, but are completely flexible to meet with clients outside that time frame. “Our Mortgage Bankers live and breathe mortgages,” said onsite Assistant Manager Jeff Verry. “It’s their profession, and they dedicate themselves to getting the best loan possible for their clients’ individual needs.” The office’s phone number is 757/819-0301.
Founded in 1996 by President Brian Holland, Atlantic Bay Mortgage Group LLC has enjoyed rapid growth, with 15 offices currently in Virginia and the Carolinas. In 2003, INC. 500 named Atlantic Bay Mortgage as one of the fastest-growing companies in the USA (#343). The Virginian-Pilot’s Readers Choice Awards has recognized the company as Best of Virginia Beach in the mortgage company category each year since 1999, and the best in Chesapeake for the last two years. The company has also been named among Virginia’s Fantastic 50. Atlantic Bay Mortgage Group is licensed by the Virginia State Corporation Commission, License Number #MLB-662.
Atlantic Bay Mortgage Group named RVAR Affiliate of the Year August 20, 2007, 2:38 pm
July 11, 2007
Roanoke, Va. – Atlantic Bay Mortgage Group LLC was named the Roanoke Valley Association of Realtors 2007 Affiliate of the Year at the recent Affiliates Night Trade Show. ABMG was honored for their steadfast and supportive presence in the RVAR community, and their dedication to building strong relationships with homebuyers, employees and Realtors.
Founded in 1996 by President Brian Holland, Atlantic Bay Mortgage Group LLC has enjoyed rapid growth, with 15 offices currently in Virginia and the Carolinas. In 2003, INC. 500 named Atlantic Bay Mortgage as one of the fastest-growing companies in the USA (#343). The Virginian-Pilot’s Readers Choice Awards has recognized the company as Best of Virginia Beach in the mortgage company category each year since 1999, and the best in Chesapeake since 2006. The company has also been named among Virginia’s Fantastic 50. Atlantic Bay Mortgage Group is licensed by the Virginia State Corporation Commission, License Number #MLB-662.
Workin’ like a dog at Atlantic Bay Mortgage Group June 21, 2007, 2:53 pm
Virginia Beach, Va. – Employees at Atlantic Bay Mortgage Group’s corporate office will be bringing their pooches to the office on Friday, June 22, in recognition of Take Your Dog to Work Day. From Vegas, CEO Brian Holland’s 100-plus-pound golden retriever, to Macey, Compliance Director Charlene Reilly’s miniature schnauzer, an estimated (need number) well-mannered canines are expected to be sniffing around the cubicles and offices of the mortgage company on North Great Neck Road. Each dog-toting employee is requested to donate $20 to the Virginia Beach SPCA.
This will be the first time Atlantic Bay Mortgage Group has participated in the national event, which will be in its ninth year. Pet Sitters International, the world's largest educational association for professional pet sitters, is behind the event. The day is meant to be a celebration of the great companions dogs make, while educating the working public on the benefits of responsible pet ownership and the power of the human-animal bond.
“I’ll have to bake some doggie treats!” said Director of Administration & Human Resources Stacey Wanish, who plans to bring Lacie, her golden retriever.
Founded in 1996 by President Brian Holland, Atlantic Bay Mortgage Group LLC has enjoyed rapid growth, with 15 offices currently in Virginia and the Carolinas.In 2003, INC. 500 named Atlantic Bay Mortgage as one of the fastest-growing companies in the USA (#343). The Virginian-Pilot’s Readers Choice Awards has recognized the company as Best of Virginia Beach in the mortgage company category each year since 1999. The company has also been named among Virginia’s Fantastic 50. Atlantic Bay Mortgage Group is licensed by the Virginia State Corporation Commission, License Number #MLB-662.
Lacie, left, and Macey
Corporate Address 1427 N. Great Neck Road, Suite 201
Virginia Beach, VA 23454
